695 Ecton RdAkronOH44303
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Akron at 695 Ecton Rd, Akron, OH, 44303 offers $1,857/mo rent that, after a $1,155/mo payment, leaves $305/mo cash flow. Total monthly income is $1,857/mo, and annual cash flow is $3,659/yr on $78,201 cash. Return on cash invested measures 24.59% in year one, and rental yield stands at 9.45% at a $235,900 entry. Equity gained on principal adds $1,522/yr while 5% annual appreciation compounds into $65,175 by year five. Five-year ROI records 128.44% and total cumulative return in cash reaches $100,439. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,857/mo property income versus a $1,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
8,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44303, Akron, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,049 (53.7%) |
| Renter Occupied HU | 1,380 (36.1%) |
| Vacant Housing Units | 389 (10.2%) |
| Median Home Value | $277,930 |
| Average Home Value | $312,321 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
2,610
Multi-Family
1,184
Businesses
212
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